CityIS Announces Exceptional Growth, Continued Expansion and Significant New Client Acquisition Across All CityIS Group Companies
LONDON, October 1, 2010 /PRNewswire/ -- City Information Services Limited (CityIS Ltd.), the global video communications company, is continuing to experience high growth and will further capitalise on the unified communications opportunities within the marketplace as they enter their fourth quarter, in the financial year ending 31 December 2010.
Since CityIS was acquired by Viju Group in April 2010, their stronger financial position has already accelerated further growth and expansion. The additional opportunities and awareness that Cisco brings to the market, since they acquired TANDBERG in August 2010, are undeniably a positive step towards the new way of working; connect, communicate and collaborate.
CityIS has also gained some notable new customers. The company, which includes Royal Bank of Scotland, Thomson Reuters and Xerox among its clients, said it has added 47 new clients during the year.
"We have aggressively pursued new business opportunities and have recently secured a number of significant new client wins," says Stephen Gill, Managing Director, CityIS Ltd. "Not only has the company experienced growth in revenue and headcount, our diverse portfolio of service offerings, including professional, managed and hosted services continues to deliver positive results."
Furthermore, Stephen said, "I am delighted that our customers have seen the long term benefits of video communications and are leveraging the capabilities of video conferencing and telepresence as a strategic and essential tool for business growth."
Exceptional Growth Opportunities Through 2015
The growth of video conferencing and telepresence has grown exponentially in the past decade and the market is poised for unparalleled future development. CityIS plans to invest further in 2011 by increasing its workforce and presence, to spearhead the growth in unified communications and collaboration.
The group is progressing in its preparations for additional overseas expansion. The Viju Group goal is to continue to grow internationally, gain customers and market share to become 'the leading global visual communications provider'.
About CityIS
CityIS assist organisations achieve true business transformation by improving operational efficiencies and realising competitive advantage through global video communications. The company delivers a unified communications platform, changing the way organisations communicate and interact.
CityIS is now a Viju Group company. Together, they are setting the standard for video conferencing, telepresence, audio visual integration and collaboration & visualisation solutions.
Corporate offices are located in London, Manchester, Edinburgh, Aberdeen, Amsterdam, New York, New Jersey and Singapore. Their global reach is supported by local engineers and extends beyond 90 countries worldwide with a global alliance partner network.
About Viju AS
Viju AS is a leading supplier of collaboration, communication and visualisation solutions for the oil industry and other sectors including public sector, health, education, banking, finance and media.
Advanced visualisation solutions for control rooms, production rooms and collaboration rooms are vital to 'Integrated Operations' and 'Smart Fields/E-fields' within the oil industry, where Viju has a particularly strong market position. As part of this business Viju has developed telemedicine solutions, combining modern videoconferencing with digital medical equipment that is currently covering 5,000 workers on 34 platforms in the North Sea.
Viju's offices are located in all the largest cities in Norway and Sweden, but have followed their international customers and undertook installations throughout the world.
Viju Group has over 200 employees. Their majority owner is the Norwegian PE Fund, Progressus AS.
Jennifer Turnbull, Marketing
E: [email protected]
T: +44(0)844-846-0555
SOURCE CityIS Ltd.
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